Tag Archives: NPLs

Brazil’s banks face paradox of worsening asset quality in a deleveraging corporate sector

Brazil’s banks are facing an apparent paradox: the level of corporate leverage has improved markedly in the past year while delinquency levels have risen and non-performing loan (NPL) formation remains at high levels. These are the main findings of a … Continue reading

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NPLs point to credit quality recovery in Brazil

The Q1 2017 results of the Brazilian banks might mark the beginning of an inflection point for the country’s credit performance, according to Fitch Ratings. The rating agency believes that the signs of stabilization of the banks’ non-performing loans (NPLs) … Continue reading

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Latin America: Brazil’s central bank attacks ‘spread bancario’

Ilan Goldfajn, president of Brazil’s central bank, is seeking to lower the very high credit spreads charged by the country’s banks to its clients in the ‘free market’ credit segments. Goldfajn tells Euromoney, in a wide-ranging interview that will be … Continue reading

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The sucking sound of Brazilian interest rates

Brazil’s economy leads the world in high interest rates. It is a blessing for banks but a burden on the economy – draining resources away from both new investment and consumption. Will new credit platforms finally jolt the established banks … Continue reading

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Who really kicked Dilma out?

The decision by the Brazilian congress to authorise the impeachment trail of President Dilma Rousseff appears to have been largely priced-in. This follows a huge rally in Brazilian financial assets in 2016 as the possibility of impeachment grew, with the Ibovespa … Continue reading

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Brazil private sector banks: Pessimism takes root

Brazil’s private sector banks have a reputation for making money in good and bad times but the increasingly toxic mix of challenges to the industry will bring the toughest test in decades, analysts warn. The latest concerns are a pay … Continue reading

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